BWX Technologies (NYSE:BWXT) Announces Earnings Results, Beats Expectations By $0.07 EPS

BWX Technologies (NYSE:BWXT) released its quarterly earnings results on Monday. The technology company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.07, FiscalAI reports. BWX Technologies had a return on equity of 30.83% and a net margin of 10.11%. The business had revenue of $952.97 million during the quarter, compared to analyst estimates of $970.52 million. During the same period in the prior year, the firm posted $1.00 EPS. BWX Technologies’s quarterly revenue was up 10.0% compared to the same quarter last year.

Here are the key takeaways from BWX Technologies’ conference call:

• Positive Sentiment: BWXT reported strong third-quarter execution, with revenue up 10%, adjusted EBITDA up 19% to $180 million, and adjusted EPS up 26% to $1.26. Both operating segments delivered double-digit EBITDA growth, while free cash flow of $151 million led the company to raise its 2026 free cash flow guidance to $350 million-$360 million.
• Positive Sentiment: Government operations benefited from improved productivity, higher manufacturing volumes, and growth in special materials programs, including the $1.6 billion high-purity depleted uranium contract. Management expects high-single-digit to low-double-digit government revenue and EBITDA growth in 2027.
• Positive Sentiment: BWXT secured several advanced-nuclear wins, including participation in the U.S. Army’s Janus microreactor program, selection of its BANR reactor for a Canadian project, and a multiyear TRISO fuel agreement with Antares. The company said its Lynchburg fuel facility can roughly quadruple output before a larger expansion is needed.
• Positive Sentiment: Commercial operations revenue rose 25%, including 15% organic growth, supported by commercial power, Kinectrics, Medical, and the PCG acquisition. BWXT completed a Cambridge facility expansion that increases heavy-component capacity by about 50% and plans to proceed with a new U.S. manufacturing facility for large steam generators and reactor pressure vessels.
• Neutral Sentiment: Management reiterated its 2026 adjusted EBITDA and EPS outlook and expects high-single-digit to low-double-digit EBITDA and EPS growth in 2027, but free cash flow is expected to be flat to slightly higher as the company invests in working capital, capital expenditures, and growth programs. The company also noted that commercial nuclear projects remain subject to risk-allocation decisions and the timing of firm orders.

BWX Technologies Stock Down 0.3%

Shares of NYSE:BWXT opened at $130.34 on Tuesday. The company has a market capitalization of $11.94 billion, a PE ratio of 33.77, a price-to-earnings-growth ratio of 1.91 and a beta of 0.74. The company has a debt-to-equity ratio of 1.51, a current ratio of 2.40 and a quick ratio of 2.33. The business has a fifty day moving average price of $142.99 and a two-hundred day moving average price of $184.40. BWX Technologies has a 1 year low of $123.05 and a 1 year high of $241.82.

BWX Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Thursday, November 19th will be paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, November 19th. BWX Technologies’s dividend payout ratio is 27.98%.

Insider Activity at BWX Technologies

In other news, CEO Rex D. Geveden sold 10,000 shares of BWX Technologies stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $172.50, for a total transaction of $1,725,000.00. Following the sale, the chief executive officer directly owned 192,491 shares in the company, valued at $33,204,697.50. The trade was a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on BWXT shares. Truist Financial reduced their target price on shares of BWX Technologies from $202.00 to $182.00 and set a “hold” rating for the company in a research note on Tuesday, October 6th. BTIG Research reissued a “buy” rating and set a $235.00 price target on shares of BWX Technologies in a research report on Wednesday, September 30th. Northland Securities dropped their price target on shares of BWX Technologies from $250.00 to $220.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 30th. Wells Fargo & Company upgraded shares of BWX Technologies from an “underweight” rating to an “equal weight” rating and cut their price target for the stock from $200.00 to $170.00 in a report on Thursday, August 27th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of BWX Technologies from $230.00 to $190.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.

More BWX Technologies News

Here are the key news stories impacting BWX Technologies this week:

• Positive Sentiment: Third-quarter earnings exceeded expectations. BWXT reported adjusted EPS of $1.26, up from $1.00 a year earlier and above the $1.19 consensus estimate. Revenue increased 10% year over year to $952.97 million, while profitability and cash generation were highlighted as key strengths. BWX Technologies Reports Third Quarter 2026 Results
• Positive Sentiment: Management offered a firmer 2027 outlook. The company emphasized strong operational execution and its positioning in a long-term nuclear investment cycle, which could support investor confidence in future growth. BWXT Beats on Margins and Sets a Firmer 2027 Outlook
• Positive Sentiment: Defense and nuclear contract activity remains supportive. BWXT was reported to have secured an Army Fort Campbell nuclear contract under the Janus program, potentially adding to its long-term backlog and visibility. BWXT Lands Army’s Fort Campbell Nuclear Contract
• Neutral Sentiment: BWXT maintained its quarterly dividend. Stockholders of record on November 19 are scheduled to receive $0.27 per share on December 10, equivalent to $1.08 annually and a yield of approximately 0.8%. BWXT Dividend Announcement
• Negative Sentiment: Revenue fell short of expectations. Quarterly revenue of $952.97 million missed the $970.52 million consensus forecast, raising concerns about near-term growth even though earnings benefited from stronger margins.
• Negative Sentiment: A delayed new-build order is weighing on sentiment. Investors appear concerned that the timing of a major order could postpone revenue and backlog growth, helping keep the stock near its recent lows. BWXT New-Build Order Delay

BWX Technologies Company Profile

BWX Technologies, Inc (NYSE: BWXT) is a specialty manufacturer and services provider focused on nuclear technology. The company designs and manufactures nuclear reactors, reactor components, nuclear fuel and related equipment, with a major emphasis on highly engineered systems used in naval and commercial applications.

BWXT is a key supplier to the U.S. government, supporting the U.S. Navy’s nuclear-powered aircraft carriers and submarines through reactor design, component manufacturing, fuel production, maintenance and life-cycle services.